cancellation
//ˌkænsəˈleɪʃən//
Noun
cancellationSingular
cancellationsPlural
1
The act of deciding that a planned event, agreement, or arrangement will not take place or continue.
Due to the storm, the cancellation of the concert was announced this morning.
2
A mark or stamp placed on a postage stamp or ticket to prevent reuse.
The cancellation on the stamp shows the date it was mailed.
3
The annulment or invalidation of a legal document, contract, or obligation.
The cancellation of the contract was finalized after both parties agreed to the terms.